By Taiwo Babatunde
US-based data security analyst Olisa Anthony Obulor has emphasised the urgent need to secure financial data governance using cutting-edge technology, including post-quantum (PQ) blockchain solutions.
“In an era marked by escalating cyber threats and the advent of quantum computing, which process massive amounts of information in parallel, making it potentially exponentially faster than classical computers for certain tasks, securing financial data governance is no longer optional—it is imperative,” Anthony stated.
Financial institutions, which manage sensitive data that must remain confidential, accurate, and accessible under strict regulatory requirements, are facing mounting pressure to adopt robust and future-proof security measures.
Anthony explained that the journey toward secure data governance is complex, requiring not only technological innovation but also proactive regulatory adaptation and cross-industry collaboration.
“As quantum capabilities evolve, so too must our strategies to ensure financial systems remain trustworthy, transparent, and resilient against future disruptions,” he added.
According to Anthony, securing financial data governance involves implementing technologies, policies, and frameworks that ensure confidentiality by preventing unauthorized access to sensitive data such as customer bank details and transaction records, integrity by ensuring data remains accurate and unaltered unless through authorized processes, and availability by making sure data is accessible when needed by authorized users or systems.
It also means ensuring regulatory compliance by adhering to financial and data protection regulations such as the General Data Protection Regulation (GDPR), the Sarbanes-Oxley Act (SOX), and the Gramm-Leach-Bliley Act (GLBA), and auditability by having mechanisms in place to track and verify who accessed or modified the data and when.
Obulor Olisa Anthony noted that strong data governance helps prevent financial fraud and cybercrime by guarding against theft, manipulation, and unauthorized access to sensitive financial information, maintains regulatory compliance and helps institutions avoid legal penalties, preserves data integrity and accuracy for auditing, reporting, and decision-making purposes, supports business continuity and disaster recovery by ensuring important financial information is backed up and recoverable, and facilitates transparent financial auditing and reporting by providing reliable audit trails.
He further argued that integrating quantum-resistant technologies such as PQC-enabled blockchains represents a forward-looking strategy to secure governance processes against next-generation cyber threats.
Anthony noted that PQ blockchain has specific and powerful use cases in the financial sector, including the protection of audit logs, the authentication of cross-border transactions, the safeguarding of identity and Know Your Customer (KYC) data, and the automation of regulatory compliance through smart contracts.
“These technologies are not just innovative—they’re necessary for sustaining trust and resilience in the face of quantum-era challenges,” Anthony concluded.